Economic policy and the market process : Austrian and mainstream economics

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Bibliographic Information

Economic policy and the market process : Austrian and mainstream economics

edited by K. Groenveld, J.A.H. Maks, J. Muysken

North-Holland , Elsevier Science Pub., [distributor], 1990

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Proceedings of a 1986 symposium

Includes bibliographical references

Description and Table of Contents

Description

The papers in this volume discuss the so-called neo-Austrian position on the adaptation processes in a market economy. Basically, the neo-Austrian position is that government intervention in these processes is for the most part unnecessary and frequently undesirable, as intervention tends to increase instability. In this book a number of leading economists present the classical-liberal ideas of the neo-Austrian school against the views of a group of mainstream (Keynesian, neo-classical and institutional) economists.

Table of Contents

  • Preface: Diverging Views? (K. Groenveld, J.A.H. Maks, J. Muysken). The Market Process. (Contributors: I.M. Kirzner. Comment by A. Maddison
  • J.A. Kregel. Comment by K. Groenveld). The Commodity Markets. (Contributors: Y. Brozen. Comment by A. Heertje
  • H.W. de Jong. Comment by Yale Brozen. Comment by S.C. Littlechild). The Labor Markets. (Contributors: D. Bellante. Comment by P. Keizer
  • J. Hartog. Comment by V. Chick). Macroeconomic Stabilisation. (Contributors: P. Salin. Comment by J.C. Siebrand
  • S.K. Kuipers. Comment by J. Weitenberg). The Monetary System. (Contributors: R. Vaubel. Comment by E.J. Bomhoff. Comment by G.A. Kessler). Indexes.

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